Cost of Living in McCook, NE
Population 7,360 · Nebraska · Data vintage 2023
(100 = US avg)
McCook is a smaller Nebraska community of around 7000 residents, where median household incomes of $51,815 and housing costs ($137,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 1.6% points to a labor market well on the tight side of the national distribution.
Located 210 miles west of Lincoln, McCook is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 45% lower than Lincoln's $248,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in McCook
The median home value in McCook is $137,400 — 55% below the national median of $305,000. Median rent runs $783/month, 40% lower than the national median of $1,314/month. The median household income of $51,815/year is 31% lower than the US median of $74,580. The local unemployment rate is 1.6%, below the national average of 4.8%. Nebraska's top state income tax rate is 5.8% and the combined sales tax is 6.9%. Overall, McCook has a cost of living index of 51 versus the US average of 100, meaning it is 49% less expensive.
McCook has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in McCook, NE?
McCook has a cost index of 51 (100 = national average). It is 49% below the national average.
What is average rent in McCook, NE?
The median gross rent in McCook is $783 per month based on 2023 Census data.
What is the average home price in McCook?
The median home value in McCook is $137,400 according to Zillow and Census data.
What is the median income in McCook?
The median household income in McCook is $51,815 per year (2023 ACS 5-year estimates).
What is the sales tax in McCook, NE?
The combined state and local sales tax rate in McCook is 6.9%. The Nebraska state income tax top rate is 5.8%.
Is McCook, NE affordable?
Yes, McCook is generally considered affordable, with a cost of living index of 51 — about 49% below the US national average of 100.
McCook at a Glance
- Population
- 7,360
- Median Income
- $51,815
- Home Value
- $137,400
- Median Rent
- $783/mo
- Unemployment
- 1.6%
- Sales Tax
- 6.9%
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Nebraska Rankings
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